Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NRX PHARMACEUTICALS INC (NRXP)

29 + Investors. Track Smart Money conviction in NRXP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
3Q ▲
Buyers last Q
54%

Smart Money Signals — NRXP

Based on 29 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NRXP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
29 hedge funds hold NRXP right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

15 buying13 selling
Last quarter: 15 funds bought or added vs 13 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 5 → 5 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 28% entered in last year

■ 7% conviction (2yr+) ■ 66% medium ■ 28% new
Only 2 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +31%, value +7%

Value
+7%
Shares
+30%
Last quarter: funds added +31% more shares while total portfolio value only changed +7%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

7 → 5 → 5 → 5 → 6 new funds/Q
New funds entering each quarter: 5 → 5 → 5 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 3% veterans, 40% new entrants

■ 3% veterans ■ 57% 1-2yr ■ 40% new
Of 30 current holders: 1 (3%) held 2+ years, 17 held 1–2 years, 12 (40%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
13 of 29 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NRXP

In 2025 Q4, 15 hedge funds were net buyers of NRXP (6 opened a new position, 9 added to an existing one), while 13 reduced or exited (10 trimmed, 3 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 23% of total institutional value in NRXP is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 29.

Hedge Fund Ownership: NRXP

How many hedge funds hold NRXP — quarterly history vs. share price
Quarterly hedge fund ownership of NRXP vs. share price

Market Analysis: NRXP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NRXP

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: NRXP
2026 Q1 Stats Unlock in 4 days 29 + Investors

Track Smart Money conviction in NRXP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 29 26 11.54%
13F Shares 5M 4M 30.87%
Total Value $14M $13M 7.44%
New Positions 6 6 -
Increased Positions 10 12 -2
Closed Positions 3 4 -1
Reduced Positions 11 3 +8
Total Calls 3 3 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NRXP

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

29 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NRXP. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of NRXP — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 B Group, Inc. 4.74% 3,000,000 $6.4M
2 AdvisorShares Investments LLC 0.16% 420,467 $896K
3 SJBENEN ADVISORY, LLC 0.03% 15,000 $32K
4 Headlands Technologies LLC 0.01% 39,394 $84K
5 AXQ CAPITAL, LP 0.01% 33,211 $71K
6 Bleakley Financial Group, LLC 0.00% 117,204 $250K
7 XTX Topco Ltd 0.00% 78,733 $168K
8 Virtu Financial LLC 0.00% 31,785 —
9 Ethos Financial Group, LLC 0.00% 15,900 $34K
10 Chicago Partners Investment Group LLC 0.00% 34,479 $102K
11 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 397,431 $847K
12 National Philanthropic Trust 0.00% 10,050 $25K
13 SUMMIT SECURITIES GROUP LLC 0.00% 1,135 $2K
14 Schonfeld Strategic Advisors LLC 0.00% 19,876 $42K
15 SBI Securities Co., Ltd. 0.00% 2,500 $5K
16 VANGUARD FIDUCIARY TRUST CO 0.00% 169,580 $361K
17 VANGUARD CAPITAL MANAGEMENT LLC 0.00% 1,160,184 $2.5M
18 Chicago Partners Investment Group LLC 0.00% 500 $1K
19 JANE STREET GROUP, LLC 0.00% 99,900 $213K
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 69,700 $148K
21 JANE STREET GROUP, LLC 0.00% 44,152 $94K
22 JANE STREET GROUP, LLC 0.00% 36,600 $78K
23 CITADEL ADVISORS LLC 0.00% 24,700 $53K
24 UBS Group AG 0.00% 25,227 $54K
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 32,500 $69K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — NRX PHARMACEUTICALS INC (NRXP)

What does the Smart Money Trend signal show for NRXP?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NRXP than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for NRXP?

Slight buying edge — 54% buying: Last quarter: 15 funds bought or added vs 13 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for NRXP holders?

Strong quality — 23% AUM from major funds: 13 of 29 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held NRXP?

Mostly new holders — 28% entered in last year: Only 2 funds (7%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.